$UAL
Added 2024-05-09 13:27:40 +0000 UTCMy overall aim here for this group is to find you undervalued stocks to invest in, that will give consistent returns, so I always like to find positions that look strong for the next 1-3 years and beyond.
$UAL is one of them right now.
It also has one of the strongest fundamentals in the S&P 500 and has not taken off like $DAL just yet but is showing signs of breaking out shortly.
Wedge breakout level is at $57, so a flip of this level to support and the next hurdle is $63, above here and we have Wave 3 confirmed.
Airlines have always been incredibly resilient and always bounce back from a downturn in the sector and covid was difficult for them and it appears that it is only recovering now, the Big 3 will survive and flourish.
